LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
While its whisky business currently faces challenges resulting in lower sales and earnings, global liquor conglomerate Emperador Inc. continues to expand its facilities as it is optimistic of a turnaround and looks forward to a growing market over the medium to long term. “We are seeing a...
Bloomberry Resorts Corp., billionaire Enrique K. Razon Jr.’s leisure and gaming business, has soft-launched its new online gaming platform MegaFUNalo, featuring free Viva movies as an added bonus to players. The firm took out full-page ads in major newspapers to announce the soft launch and its...
Homegrown Mega Prime Foods Inc. of the Tiu Lim family is aiming for its fastest-ever sales growth in 2025 as the recent acquisition of "healthy" coffee brand Jimm 's—plus potential acquisitions in the pipeline—adds more to the expanding food business. Mega Prime Foods Chief Growth and...
ILOILO CITY – The Dinagyang Festival of this city is one of the official delegates of the Philippines to the World Expo in Osaka, Japan. The Dinagyang held the first of a series of performances on Saturday, June 7, at the grand celebration of the Philippine National Day as part of the Osaka Expo...
The SM Group has cemented its status as a regional powerhouse, amassing an impressive 42 award points at the prestigious Asia Pacific Stevies that propelled the conglomerate to win the coveted title of "Most Honored Organization of the Year," with SM Supermalls leading the charge by clinching 12...
The country’s leading automotive industry association, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), commemorated its 30th anniversary with a grand gala held at the Grand Hyatt Manila in Taguig City. Themed “30 Years and Beyond: Together, Driving the Future of...
The advertising industry will be the clear winner when more casino operators try to jump on the online gaming bandwagon since these new players will have to spend billions of pesos monthly just to get a foot into the market and take some market share away from the first movers. Unicapital...
Equinix Inc., a digital infrastructure company headquartered in the United States (US), has completed its acquisition of three data centers in Manila, becoming the newest player in the country’s growing data center industry. In a statement, Equinix announced that it has acquired the data centers...
Real estate giant Ayala Land Inc. is doubling the size of Ayala Malls Nuvali as Nuvali Estate continues to evolve into the South’s most future-ready urban center together with the growth of Calabarzon as one of the country’s fastest-growing regional economies. The expansion of Ayala Malls...
The Jones Bridge in Binondo, Manila, is set to light up with a weekly lights and sounds show starting on Saturday, June 7, according to the Department of Human Settlements and Urban Development (DHSUD). This initiative is part of the ongoing revitalization of the Pasig River under the “Pasig...
BORACAY—West Zone concessionaire Maynilad Water Services Inc. is on track to reduce its non-revenue water (NRW) from last year’s 39.9 percent on the back of strong leak detection and pipe replacement efforts. Maynilad, the country’s biggest water concessionaire in terms of customer base, is...
